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SolarEdge Announces Strategic Partnership with Schaeffler for EV Charging Infrastructure

1. SolarEdge partners with Schaeffler for 2300 EV charging points in Europe.

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FAQ

Why Bullish?

This strategic partnership expands SEDG's market presence in the growing EV sector, historically correlating with price appreciation.

How important is it?

The collaboration lays groundwork for future growth and innovation in an increasingly important sector.

Why Long Term?

The partnership solidifies SEDG's foothold in EV infrastructure, likely boosting revenue over time, as the EV market expands.

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MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (NASDAQ: SEDG), a global leader in smart energy technology, is proud to announce a strategic partnership with Schaeffler, a leading automotive and industrial supplier, to deploy electric vehicle (EV) charging infrastructure and software across Schaeffler sites. The partnership will support Schaeffler in commissioning around 2300 charging points in Europe. By integrating hardware and SolarEdge's EV charging software capabilities int.

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